MAXHEALTH

Max Healthcare Institute Ltd.

NSE: MAXHEALTH

BSE: 543220

Sector: Healthcare

Industry Group: Healthcare Services

Industry: Hospital

1,000.00+2.1 (+0.21%)

21 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

87.5 / 100

Value Score

12.7 / 100

Price Momentum Score

46.6 / 100

QVM Score

43.4 / 100

Key Metrics

Market Cap

97327.60

P/E (TTM)

66.80

P/B

9.04

P/S (TTM)

11.17

EV/EBITDA

43.19

CAPE (5Y)

89.20

ROE (TTM)

14.31

ROCE (TTM)

13.74

ROA (TTM)

8.89

Avg 3Y ROE

13.25

Earnings 3Y CAGR

7.59

Sales 3Y CAGR

22.14

Sales 5Y CAGR

21.81

Debt/Equity

0.32

Consensus TP

1200.00

Strong Buy %

28.00

Promoter Holding

23.71

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Max Healthcare Institute Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Moderate ROE but improving trend

The company reported moderate ROE of 14.31% for 12-month ended 30 Jun 2026 but ROE improved by 223 bps from 1 year ago

What is ROE (FY)?

High and stable operating margin

The company reported strong operating margin of 21.17% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -9 bps from 1 year ago

What is Operating profit margin?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 27.62% for 12-month ended 30 Jun 2026 and the growth was 15.49 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.32 as on 30 Jun 2026 and Debt to Equity remained same in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 3 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 66.8 indicates that the stock is expensive on a standalone basis and is at a 31.11% premium to industry median P/E

What is P/E Ratio?

Median: 50.95

Value 66.8

14.291609.64

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -10.58% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Moderate revenue growth but lower than median growth of industry

The company delivered moderate revenue growth of 15.96% for 12-month ended 30 Jun 2026 but the growth was 2.12 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 18.08

Value 15.96

-26.8103.8

Low dividend yield

The company has a low dividend yield of 0.2%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 57.8 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

57.8 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Max Healthcare Institute Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Max Healthcare Institute Ltd. Shareholding Pattern

Quarterly breakdown of Max Healthcare Institute Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Sep 2018	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	99.40	82.24	75.25	75.25	70.46	70.46	60.91	60.68	50.64	50.64	23.80	23.78	23.77	23.76	23.76	23.75	23.75	23.74	23.74	23.74	23.74	23.74	23.74	23.72	23.71	23.71
Indian Promoter	49.70	35.29	23.30	23.30	21.82	23.22	23.22	23.14	23.10	23.09	23.80	23.78	23.77	23.76	23.76	23.75	23.75	23.74	23.74	23.74	23.74	23.74	23.74	23.72	23.71	23.71
Foreign Promoter	49.70	46.95	51.94	51.94	48.64	47.24	37.69	37.54	27.54	27.54	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.00	11.23	17.44	17.66	22.84	22.00	22.93	32.34	32.16	42.76	70.43	70.61	71.30	71.79	71.78	72.26	72.29	72.34	72.43	72.48	72.32	72.18	71.83	71.76	71.71	71.74
Mutual Funds / UTI	0.00	0.22	0.22	0.30	4.83	7.90	8.64	15.58	17.47	19.21	20.86	20.00	18.88	11.32	10.55	10.62	12.33	12.19	11.56	11.72	13.38	12.54	14.25	14.04	16.30	18.68
FI/Bank/Insurance	0.00	0.00	0.00	0.02	0.03	0.04	0.06	0.03	0.01	0.04	0.13	0.31	0.35	0.53	0.77	0.71	2.23	2.67	2.89	3.06	3.31	3.71	3.68	4.28	6.44	7.65
Govt	0.00	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	10.87	17.16	17.28	17.96	14.05	14.23	16.67	14.59	23.34	49.27	50.15	51.96	59.89	60.39	60.70	57.33	56.99	57.29	56.93	54.74	54.76	51.80	50.56	45.39	41.78
Other Institutions	0.00	0.15	0.07	0.07	0.02	0.02	0.00	0.07	0.08	0.16	0.17	0.16	0.13	0.05	0.08	0.22	0.40	0.50	0.69	0.77	0.90	1.16	2.10	2.88	3.58	3.62
Non-Institution	0.60	6.53	7.31	7.09	6.70	7.54	16.16	6.97	17.20	6.61	5.76	5.61	4.93	4.46	4.46	3.99	3.96	3.91	3.83	3.77	3.94	4.08	4.43	4.52	4.57	4.56
Bodies Corporate	0.00	0.35	0.43	0.26	0.20	0.37	0.32	0.32	0.38	0.23	0.26	0.27	0.24	0.19	0.19	0.17	0.18	0.17	0.16	0.14	0.13	0.15	0.22	0.23	0.15	0.23
Others (incl. Retail) No. of shareholders	0.60 0	6.18 29,807	6.88 44,291	6.83 41,741	6.50 45,037	7.17 69,953	15.84 91,219	6.65 1,11,029	16.82 1,19,219	6.38 1,04,209	5.50 1,00,849	5.34 1,10,795	4.69 1,03,752	4.27 1,10,190	4.27 1,17,361	3.82 1,10,040	3.78 1,25,546	3.74 1,34,749	3.67 1,36,376	3.63 1,38,460	3.81 1,49,975	3.93 1,60,283	4.21 1,79,111	4.29 2,02,058	4.42 2,15,193	4.33 2,22,675

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Hospital	13.58%	3 / 18
2	Nifty Healthcare	7.11%	5 / 20
3	Nifty Consumption	2.35%	17 / 30
4	Nifty 50 Equal Weight	1.99%	26 / 50
5	Nifty 100 Equal Weight	0.99%	52 / 100
6	Nifty 50	0.73%	45 / 50
7	Nifty 100	0.59%	50 / 100
8	Nifty 500	0.41%	51 / 499
9	Nifty Total Market	0.39%	52 / 749
10	NIFTY Large Midcap 250	0.3%	116 / 250

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Max Healthcare Institute Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Abhay Soi Promoter	August-2022	Off Market (Acquisition) 26th Aug 2022	23.09 %	₹ 0.00	68.74 lac	₹ 6.88 k
Kayak Investments Holding Pte. Ltd. Promoter	August-2022	Off Market (Disposal) 26th Aug 2022	0.71 %	₹ 0.00	68.74 lac	₹ 6.88 k
Kayak Investments Holding Pte. Ltd. Promoter	August-2022	Block Deal (Disposal) 17th Aug 2022	27.54 %	₹ 353.03	26.02 cr	₹ 9185.82 cr
Kayak Investments Holding Pte. Ltd. Promoter	April-2022	Block Deal (Disposal) 6th Apr 2022	37.54 %	₹ 340.02	9.70 cr	₹ 3296.82 cr
BalKishan Sharma Designated Person	December-2021	Market Sale (Disposal) 17th Dec 2021	0.01 %	₹ 405.00	13.00 k	₹ 52.65 lac
Ruchi Mahajan Designated Person	December-2021	Market Sale (Disposal) 17th Dec 2021	0.00 %	₹ 399.95	17.00 k	₹ 67.99 lac
Sandeep Tanwar Designated Person	December-2021	Market Sale (Disposal) 15th Dec 2021	0.00 %	₹ 382.58	32.53 k	₹ 1.24 cr
BalKishan Sharma Designated Person	December-2021	Market Sale (Disposal) 15th Dec 2021	0.01 %	₹ 400.00	25.75 k	₹ 1.03 cr
Manish Luthra Designated Person	December-2021	Market Sale (Disposal) 15th Dec 2021	0.00 %	₹ 397.50	4.00 k	₹ 15.90 lac
Nidhi M Dev Designated Person	December-2021	Market Sale (Disposal) 15th Dec 2021	0.00 %	₹ 399.00	3.98 k	₹ 15.90 lac

Corporate Actions

History of Max Healthcare Institute Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 2/share
Record date: 3rd Jul 2026Ex-date: 3rd Jul 2026
Announced on: 21st May 2026
Dividend₹ 1.50/share
Record date: 4th Jul 2025Ex-date: 4th Jul 2025
Announced on: 20th May 2025
Dividend₹ 1.50/share
Record date: 23rd Aug 2024Ex-date: 23rd Aug 2024
Announced on: 22nd May 2024
Dividend₹ 1/share
Record date: 8th Sep 2023Ex-date: 8th Sep 2023
Announced on: 16th May 2023

Company Profile

Overview of Max Healthcare Institute Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Max Healthcare Institute Limited is an India-based integrated healthcare provider. The Company offers an integrated suite of diagnostics and lab services, ambulatory care, consultations, surgical and non-surgical procedures, and medical treatment. Its clinical offerings span a range of therapeutic a...

Key personnel

Mr. Yogesh Kumar Sareen

Group Director and Chief Financial Officer

Col. Harinder Singh Chehal

Group Director and Chief Executive Officer - Cluster 2

Mr. Mradul Kaushik

Group Director - Operations and Planning and Chief Executive Officer (Cluster 1)

Mr. Umesh Gupta

Group Director and Chief Human Resource Officer

Mr. Dhiraj Aroraa

Executive Vice President, Compliance Officer, Company Secretary

Mr. Sachin Kumar

Executive Vice President - Internal Audit

Mr. D.N. Suresh Kumar

Senior Vice President - Infrastructure

Mr. Prashant Singh

Chief Information Officer, Senior Director

View all

Incorporated on

18 Jun 2001

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

16,334

IPO date

21 Aug 2020

Free Float

70,89,06,387

Website

https://www.maxhealthcare.in/

Phone no.

+912226101035

Address

2nd Floor, Capital Cyberscape,, Sector-59,, GURGAON, 122011, India

Frequently Asked Questions

What is the current share price of Max Healthcare Institute Ltd.?

The current share price of Max Healthcare Institute Ltd. is ₹ 1,000.00 as of 21 Aug 2026.

What is the market capitalisation of Max Healthcare Institute Ltd.?

The market capitalisation of Max Healthcare Institute Ltd. stands at ₹ 97,327.60 Cr.

What is the PE ratio of Max Healthcare Institute Ltd.?

The Price-to-Earnings (PE) ratio of Max Healthcare Institute Ltd. is 66.80 as of the latest trailing twelve months data.

What is the ROE and ROCE of Max Healthcare Institute Ltd.?

Max Healthcare Institute Ltd. has a Return on Equity (ROE) of 14.31% and a Return on Capital Employed (ROCE) of 13.74% as per the latest financial reports.

What is the 52-week high and low of Max Healthcare Institute Ltd.?

The 52-week high of Max Healthcare Institute Ltd. is - and the 52-week low is -.

What is the dividend yield of Max Healthcare Institute Ltd.?

The dividend yield of Max Healthcare Institute Ltd. is 0.20% based on the current market price.

What is the FII and DII holding in Max Healthcare Institute Ltd.?

Foreign Institutional Investors (FII) hold 41.78%, Domestic Institutional Investors (DII) hold 26.33% and retail/public investors hold 4.33% of Max Healthcare Institute Ltd. shares.

What sector does Max Healthcare Institute Ltd. belong to?

Max Healthcare Institute Ltd. operates in the Healthcare sector. 76% of analysts have a Buy or Strong Buy rating on Max Healthcare Institute Ltd. with a consensus target price of ₹ 1,200.00, implying 20% upside from current levels.

What is the beta of Max Healthcare Institute Ltd.?

The beta of Max Healthcare Institute Ltd. is 0.65, indicating its price volatility relative to the broader market. Over the past 1 year, Max Healthcare Institute Ltd. has delivered an absolute return of -21.08%.

What is the RSI of Max Healthcare Institute Ltd.?

The 14-day Relative Strength Index (RSI) of Max Healthcare Institute Ltd. is 32.88, placing it approaching oversold territory. An RSI above 70 is considered overbought and below 30 is considered oversold.